Apple and other U.S. technology companies may get a reprieve from some of the higher tariffs on Chinese components until 2027.
Per AppleInsider and CNBC, a Federal Register filing from last Tuesday indicated that the United States will hold off on raising its new tariff on Chinese semiconductor imports until June 2027. This, in turn, could delay the financial hit on Apple’s component sourching efforts for Macs, iPhones, and other products.
According to the filing, the Trump Administration confirmed it will take action against China under Section 301 of the Trade Act of 1974, and the response will be a tariff on semiconductors. The filing, in turn, will be implemented immediately, but the administration is setting the additional tariff rate at zero. Instead, the Trump Administration plans to increase the tariff level on June 23, 2027, effectively delaying the impact.
The administration declined to state what the percentage would be, but said it will be announced at least 30 days ahead of the scheduled increase.
The decision to hold off on raising the tariff cost will be helpful to many manufacturers. Aside from avoiding extra tariffs on current and near-future imports, it also buys companies time to arrange sourcing from other countries not affected by the tariff situation.
Given that Apple still sources its A-series and M-series Apple Silicon chips from TSMC in Taiwan, the components are still subject to a 20 percent reciprocal tariff, but not on tariffs specifically targeting China.
Apple was previously safe from the threat of a 100% percent semiconductor import tariff. It escaped that tariff because in August, it pledged to invest $100 billion in U.S. manufacturing efforts.
Stay tuned for additional details as they become available.
Via AppleInsider, Federal Register, and CNBC
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